This property looks like a bad Long-Term investment with a projected -27.21% first-year return on $112k initial cash invested.
-27.21%
Cash On Cash
1.14%
Cap Rate
0.17
DSCR
$1,521
Rent
-$2,538
Cashflow
Cash Flow
$1,521 income − $4,059 expenses = $2,538 out of pocket
Investment Breakdown
|
Purchase Price
$533k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$112k
Downpayment
20%
$107k
Closing costs
1%
$5,329
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,521
Total Expenses
$4,059
Mortgage P&I
195%
$2,968
Property Taxes
33%
$500
Home Insurance
13%
$192
HOA
0%
$4
Property Management
10%
$152
CapEx
5%
$76
Vacancy
6%
$91
Maintenance
5%
$76
Other
0%
$0